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they are taxed to pay for my health care. this is why i say americans should cut entitlements then medicare and social security will suck every penny from young people like jonathan. obviously you want spending reduced but at the wrestle institute they say the government should spend more. more? are you kidding? >> this is house social insurance works. with young people regardless of might be cyrus someday they will not be young people they get older every year someday they will be old people baby retirement security and health care. john: we take too much. >> is sustainable if we don't do anything with medicare will bankrupt the government. if we don't it will bankrupt every individual person. like turning medicare into a voucher increases health care cost. >>. >> those think tanks confused me. i think we should spend more with social security. they are working how they are supposed to. john: i want to scream at him. >> but the irony is they have less accumulated wealth and less savings. talk about income inequality but we have government programs that are set up to take from the young peo
with the original bond covenants. what we have in hand on the nonhousing side, in particular tax exempt born proceeds which have their own other set of restrictions and limitations, they need to pass the public use and private activity test. they're best suited for what i call bricks and mortar hard construction uses. so, we would need to spend those consistent with those restrictionses. you may recall on rops 13 14 b, we have two excess bond proceeds lines. we have 785,000 for the bayview opera house plaza construction work with mta and 450,000 with the mayor's office of housing and community development for their model block streetscape improvement program in bayview hunters point. and we expect that those contracts will then come before you this spring. so, we put them on the rops for the overall spending authority but then there is a process to actually enter into agreement and come before you to fulfill that agreement. so, we have about 1.1 million remaining in nonhousing tax exempt bond proceeds that we are proposing to put on [speaker not understood] to get that expenditure authority.
that number is a result of the obamacare fund. it doesn't say what jobs and it does raise taxes by $1.8 trillion. and we will expand opportunities for every american. >> republicans announcing the plan, saying that it will add more and to her $17.1 trillion debt over the next 10 years. on wall street it was a record breaking sunny day for stocks. the dow jones surging 228 points. the wilshire 5000 post about 25,000 for the first time ever, measuring the paper gains of $375 billion. bouncing back to 2.9% as investors stave off their safe haven investment. radioshack closing up 20% of its stores after the retailer reported weak holiday shares. plummeting 25% today. a reminder to listen to my financial report three times a day coast-to-coast on the sale network. for all of the days business marketing news, we are coming right back. please stay with us. lou: president obama and secretary kerry talking tough. vladimir putin's response. we have an author and attorney and foreign policy expert andrew mccarthy on the crisis and a triple digit rally on wall street. ...return on investment wall
negatively impacted taxes imposed upon one of its most dynamic job creators, the medical device industry. how ironic that you go to talk about creating jobs and economic growth, at the same time a proposal, a provision that was incorporated in the so-called affordable care act imposed a -- an egregious excise tax on not the profits but on the sales receipts of medical device companies simply as a pay-for for the obamacare act. as i said, indiana and minnesota, are home to many of the country's largest medical device manufacturers. in fact, my state of indiana exported more than $9.7 billion in life science products, including medical devices, and is second in the country, only to california, in terms of exports of life science products. so it's very important to our state and we have over 300 f.d.a. registered medical device manufacturers. some of them large, some of them small. they employ 20,000 hoosiers directly with an indirect support by nearly 30,000 more. so it's not a small thing for our state. it's one of the, pardon the pun, cutting-edge industries producing devices that improve the
to power through the spending caps of 2011 of the payroll tax holiday is indicative of the economy. of those such help to bring about the deficit reduction as a balanced approach to making progress to sustainability there were necessarily compounded by the sequestration in march and with the shutdown in october it took a large bite out of fourth quarter gdp growth as well. i will say more about fiscal policy and a moment but that it would be considerably less of a head wind in the years to come. before i move on to the more forward part of my talk i want to make one last point about the economy's progress to put it in a context of what we have seen at around the world with recovery from financial crisis. we know it is longer, harder, the more difficult and with that regard to prepare the united states to compare to the 11 other countries that winters systemic financial crisis as identified and what you see with the working age population and.it within four years which is considerably faster than the normal ted years verses' historic data. is a major -- the measure of the important
interviewed dave camp. they will discuss, among other things, his new tax plan, and we will hear about it. stay with us here on "street smart." ♪ >> if you missed everything that happened during today's session, do not worry, in 45 seconds we will get you caught up on the only stocks you need to know about today. surging 25%cpenney after forecasting an increase in revenue. same-store sales will increase mid-singlets -- by digit percentage and gross margin will significantly improve this year. >> number nine, rbs shares down six percent as they report the biggest full-year loss since the bailout in 2008. the new ceo is trying to revive earnings by combining units, shrinking the investment bank and cutting jobs. likes number eight, blackstone. agreeing to buy 25% of gianni first half cheaper $287 million. this marks the end of a lengthy search for for saatchi family owners to find an investor. versace. motors.r six, general seven, general motors. up twober six kohl's, percent. toer jaffray continues recommend the shares and notes that the company management indicating on the inter--- earn
. >>> u.s. senate panel investigating tax evasion has accused credit suisse of using cloak and dagger tactics that belong in a spy novel. it alleges c.s. bankers made 150 trips to the u.s. between 2002 and 2000208 orchestrate a large scale tax evasion scheme. some of the things credit suisse is accused of operating remote controlled lifts, and bankers accused of filing false visa applications pretending they were tourists and advising clients how to dodge u.s. tax laws. the senate hearing kicks off late today, shares trading at the bottom, just down just over 3% in trading today. >>> the firm came out to say it considers its insurance policies for wealthy u.s. citizens to be tax compliant. credit suisse has been preparing for investigations into its products known as insurance wrapper wrappers. the long arm of the u.s. treasury, by the way good morning, everybody. you didn't say good morning. >> good morning, sorry, good morning. >> good evening if you're watching in sipping apore as well. good e-mails coming out of credit suisse or conversations out of the investigation? >> it's a li
in america. he'll tell us where that is coming up. >> also, tax season is upon us. up next, john harwood explains why the income tax as we know it could be ancient history in 25 years. i hope he's right. aflac. ♪ aflac, aflac, aflac! ♪ [ both sigh ] ♪ ugh! ♪ you told me he was good, dude. yeah he stinks at golf. but he was great at getting my claim paid fast. how fast? mine got paid in 4 days. wow. that's awesome. is that legal? big fat no. [ male announcer ] find out how fast aflac can pay you at aflac.com. easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. my uncle wanted to say thanks for idea hub. he loves how he can click on it and get specific actionable trade ideas with their probabilities throughout the day. [ male announcer ] open an account and get a $150 amazon.com gift card. call 1-888-330-3136 now. optionsxpress by charles schwab. >>> welcome back. as we celebrate cnbc's 25th anniversary, we're
billion from federal tax and gasoline could run out of money because it's not enough to meet the roads and maintenance needs. congress needs to fund before september. but congress probably won't let it through. we say that because the president got nowhere when he tried something more ambitious in 2011, establishing a national infrastructure bank leveraging private investment to fund works across the county in transportation, water and energy. with an infrastructure bank they would solicit money from the private sector and guarantee loans, it's a joint public private model used by many, smacking of socialism to republicans in congress. america continues to suffer because of a lack of leadership on the issue. the concept of that national infrastructure bank is not new, but proposals to create one are gauging traction among lawmakers. we are spoke to the think tank focussed on public policy, asking why is it a good idea to turn the idea into reality. >> we have invested for too long in infrastructure, and as a result we see tension between the need to expand the system to meet increased
the 34 million at the it raised 8.6 million so more than a quarter of the goal. the other part is the tax review the estimate this comes from the economics impact analysis. it's 5.8 million of tax revenue for hotels and payroll but the hotel tax revenue in our report hotels already had a high occupancy rate from the america's cup event prior to that you'll see a 1 percent increase but they accounted for the depth people como her to see the america's cup that wouldn't have been here otherwise they've estimated 34 percent in tax revenue but not huge for the city so the loss was 6 million. to talk about the port. this is port capital expenditures. so in total supports in expenditures this is port fund is 23.3 million we worked the port on this. we didn't count they didn't count a lot of the expenditures that was a long-term benefit to the port. there's been discussion in the economic report where united states count the impact of the terminals we choose not to do that because they would have built this anyway not just for the america's cup benefit so in the same way we have 20 million of the
. the majority of the accounts weren't reported for tax purposes to the irs. and the fed wants more information from troubled bitcoin exchange mt. gox, the "wall street journal" saying mt. gox received a subpoena from federal prosecutors in new york last month to preserve certain documents once the world's biggest bitcoin exchange mt. dpox has gone offline. the business is at a turning point, there's a lot of worry the entire business may be bankrupt and gone forever. the controversy surrounding mt. gox putting a lot of pressure on bitcoin prices, $597.75 is where things are trading now. that was a stock, almost like a stock, it's not a real currency sorry to say, joe. >> now you tell us. >> now. >> now you tell us. >> i am not a bitcoin fan. i believe electronic currency of some sort may flourish in some way. i don't know if bitcoin is the way. >> i thought you were a bitcoin advocate. if now your' saying -- >> i'm fascinated by the conversation around bitcoin. >> you know i'm needling you because you have talked about it a lot. i hope no one mistook what you were saying for like an endorsemen
and medicaid and social security in obamacare. second, we could have pro-growth tax reform and a structure to allow the economy to grow. neil: your party is good at playing these games that does little to sign onto the debt ceiling increase. on and on rigo. you need what you say those. >> but these are the facts the president to stop want to change the mandatory spending program. he does not want pro-growth tax reform failed wanted to have another government shutdown so what republicans had to do was a precautionary measure to stop the administratiin with their madness. it is the least of the bad options. neil: but you will give bin to take a mile and with all the new spending initiatives precisely because they have your number in baking keep spending because you were on the midterm election emprise then you will eventually do the things you wanted in the meantime ising opportunity after opportunity. >> i don't disagree but do you shut the government down again? because that is where we were headed. we just felt this was the worst -- the best of the worst options. to debris' introduced dra
the deficit with $17 trillion in debt. that is a failure on the democratic side and i am a democrat. tax reform that will not only simplify the tax code. this is to simply pay our bills. >> let's talk about bills that specifically the kind that get printed. isust -- and the new chair scheduled to testify tomorrow. her is we will hear from a projection of the continues to recover. we have the fact that moved from washington being net negative on the economic recovery, maybe the neutral. can be a positive aspect. a number of members will press on when we will see some additional relaxation and quantitative easing. >> is that what you're going to ask? are those the questions you'll ask? >> by the time they get down to me, i'm sure that they will be asked. one of the areas that i want to highlight is one of the coming fiscal crisis that we have to get ahead of her. we have now had a true billion dollars in student debt that exceeds credit card debt. we are starting to see the price diminish state and the federal support. with the rising college costs, we bought that off with debt. that is co
. second, we could have pro-growth tax reform and a structur to allow the economy to grow. neil: your party is good at playing these games that does little to sign onto the debt ceiling increase. on and on rigo. you need what you say those. >> but these are the facts the president to stop want to change the mandory spending program. he does not want pro-growth tax reform faid waed to have anotr government shutdowno what republicans had to do was a precautiary measure to op the administratiin with thr madness. it is the least of the bad options. neil: but you will give bin to take a mile and with all the new spending initiives precisely because they have your number in baking keep spending because you were on the midterm election emprise then you will eventually do the things you wanted in the meantime ising opportunity after opportunity. >> i don't disagree but do you shut the government down again? because that is where we were headed. we just felt this was the worst -- the bestf the worst options. to debris' introduced draft legislation because when you code is complex.of the tax the amer
and recidivism, and enhance justice and fairness, and save tax taxpayer dollars which is a win, win, win. states that have been successful in working in this area have looked at changes to their sentencing policies and the same way that legislation that i know you and mr. scott have cosponsored. and with regard to re-entry of ex-offenders. michigan, for example, through their prisoner re-entry initiative, has slashed their budget for corrections and has reduced the overall number of beds that are available. so there are lots of great ideas in the states and i'm starting to see them at the federal level. >> several mentions of mandatory minimums. how do this coincide with the smart on crimes approach. >> the legislative trends we're seeing in congress, with the smart sentencing act, starting to take that question head on. i was actually very positive -- a couple weeks ago i now you, mr. scott, were present at roundtable in which attorney general eric holder, senator mike lee, senator rand paul, participated in a discussion about these very issues, mandatory minimum sentences and all of the aforem
battle over reigning in. preventing the tax agency to ask groups specifically for their political, religious or social beliefs. instead the administration actually wants to expand the irs' control over those kind of organizations. should we rein in the power or give it more? let's go in focus. steve, do we really want to give the irs even more power? >> no. we should be giving it less. they are engaged in suppression, coverup and engaged in trying to make sure that groups don't go against the democrats in 2014 and 2012. brazenly after being found out of doing suppression in 2012, they are now putting in former regulations, 100,000 came in against the regs, including liberal groups like the aclu. republicans can use it against them shday. >> that's a good point. even the aclu is against that. >> i don't think that's what these regulations are about. look, if you want to -- accomplish a 501 (c) status, i don't think it is appropriate. anybody that's welcomed to give money to a political group, political groups are not being squelched in any way. the difference is that will the donor
helping hand. we take a look at trentham on the life in china. high taxes the magazine published a global pact misery index in two thousand and three china the country. i applied for in the world. with the chinese government's right to defend the continuing debate topic twenty percent of the report recently the chinese academy of sciences published report about china's appetite for per capita. the black theater the chinese to think wellpoint i truly feel that it wasn't until the new colors. that number by the cooked to one point three billy to people and each time he didn't have to think about the rent. the government six hundred us dollars in taxes and teacher. in an isolated organization. based on their average income of chinese did it and get down to one hundred per couple. the tape was that people will go to that. something that the chinese government is reluctant to admit it. now the people know it. when polls are open to replace the tax burden. and with that the article pointed out into the boot button. the chinese government. the dublin thousand us dollars the number of developed
's about our values. as a country we've got to make a decision if we're going to protect tax break for the wealthiest americans or or make smart investments to create jobs and expand opportunity for every american. >> among the proposal an end to the carried interest loophole which allows hedge fund managers to be taxed at a very low rate, spending $302 billion to repair the nation's roads and bridges, and closing the $4 billion worth of fossil fuel loopholes every year. the proposal includes an idea with historically bipartisan support. it's little known but highly effective tax rebate for the poor, earned income tax credit. yesterday in a 200-plus page report in the failures on poverty, budget chair paul ryan wrote, research finds that the best anti-poverty programs encourage work, programs like the earned income tax credit increase labor force participation. the president likes the earned income tax credit and paul ryan likes the earned income tax credit. so how did mr. ryan respond to the president's overture one day later? quote, this budget isn't a serious document, he said i
kind of world war ii camp. allen with al jazeera, north idaho. >>> a tax break for more than 13 million americans, president obama set to unveil the new budget this morning and tell you who will benefit the most if that proposal makes it through congress. plus you might call it thc-tv, marijuana commercials could be coming to a television society near you and life gave them lemons and they made lemonade and going to school. >>> if you think durant is the mbp lebron says not so fast and we will talk about the record in south beach. ♪ welcome back to al jazeera america, i'm stephanie sy, israel's prime minister is pushing back against u.s. diplomacy in the middle east and met with president obama on monday and discussed a framework for reaching a pack with the palestinian and netanyahu had frustration for, syria and iran and to have compromise israel must be secure and netanyahu will deliver the keynote speech to the american, israel publish affairs and apac is the largest and pro-israel lobbying group in the u.s. and as you can see libby casey is joining us from washington and good mor
to not note -- that the committee that the bank's breakecutive did not help tax laws. the bitcoin industry doing damage control following the shutdown of a virtual currency exchange. they are assuring investors that their funds will not disappear. reports are out that hackers may have stolen more than $390 million in bitcoins. and the data breaches affecting has takenf shoppers its toll on target but fourth-quarter profits fell 46%. whoever, earnings beat estimates. -- faces more than 80 civil lawsuits on the data breach. julie hyman has more on target as well as a look ahead to jcpenney's results after the bell. she is looking at the entire troubled state of retailing today. here in the studio for the next hour, my guest house, restructuring guru who oversaw hostess brands and is now heading a wide range of companies that he will give his take on turning around retailers to overhauling taxes to hiking minimum wage. first, to you on this data breach and the impact on target. >> it definitely had an impact on target. not only did it take charge to fix the data breach, the bridge of credit c
for the tax rates to pay for that. most definitely. caller: our roads are awful. we have a lot of state roads. repair work would really help. where else do you see jobs available besides infrastructure spending? where else do you think the government can help create jobs? caller: i think in the technology,system, private sector. help bringons would about income to a level of being able to take care of your family, cover your living expenses. if that was not for unions, we would not be able to watch you on television right now. so they can rip off citizens and keep low wages and make big profits. thank you. calling in from philadelphia, pennsylvania. fish and sam says the president's budget should be how not to spend others money. also, dean writes in, too bad the gop will kill his budget. are they totally heartless? commentspage, several on that. allen writes in on her thoughts on the president's budget plan. she says stop messing around with other people's lives. we will continue to bring you comments. we want to hear you on the phone. the phone lines are open. ruben in philly on the line fo
to be fair trade or free trade. we don't need free trade what we need is fair trade. the tax policies, certainly we see this in the kind of tax breaks that are out there, does the oil industry need additional tax brecks? do they need to be -- their incomes, which are the largest profits in the world, do they need to be supplemented with american taxpayer money? right now they are. the big five, $6 billion a year of american taxpayer money, going to them. we talk about tax policy, we talk energy policy, but i want to focus this evening on these two issues. labor and education. leaving aseed the research issue, which is fundamental to future economic growth because you have to be ahead and that's where the research comes and the infrastructure, which i'll weave into this but i want to focus on labor and education. and i want to focus on a very important part of this equation. this very important part about the middle class. and those who want to be in the middle class. specifically, i want to talk about women. and i want to talk about a women's economic agenda. about why this is critica
of both parties, tax reform. the republican version will be officially unveiled tomorrow by the chairman of the house ways and means committee, but the leaders of both parties in the senate held out no hope for getting tax reform done this year. joining me now is msnbc policy analyst ezra klein and david corn, washington bureau chief for mother jones. it looked to me like john boehner had exactly one thing on his mind when he left the white house. i've got to go out on the house floor and prove to my fellow republicans that i am still one of them, even though i was in the room with that guy for about an hour. >> i thought you were going to say golf. i'm glad the guys are talking, but i think we've come to really complete paralysis here in washington. and not surprisingly, i kblam the republicans for much of that. whether it's immigration reform, tax reform, here's some of the things of substance. both parties now are figuring out what to do in terms of having something to talk about for the midterm elections this coming november. there is not a single legislative policy check that boehne
could be said about tax reform. everybody talks about it but no one does anything about it and for good reason. virtually every proposal put on the table gets just sliced to pieces by those who claim they want reform but it truly want only to protect their own tax status. congressman dave camp 067 michigan presented this tax reform proposal this week that immediately had some conservatives and some liberals all aflitter with criticism. the chairman's plan would simplify the tax code and make it so that 95% of passenger pairs would be able to do a short term tax form. it would lower rates but in exchange it would end some current deductions. most conservatives like to lower rates wu not ending the deductions. some have even condemned the plan for not having spending cuts. but let's be fair, the ways and means kmee that congressman camp chairs doesn't handle spending. the appropriations committee does that. his committee's responsibility isn't how to decide how to spend the money, just figure out how to get the money that we spend. personally i still prefer the fair tax. that would elimin
: this rallies the base and expands college access and education for young, poor kids and expanding tax cuts for those in poverty and similar measures the democrats ran on and appreciate. it is a policy document used as a tool for 2015-2016 the final years of the obama presidency. we wants to get something done before leaving. he is figure out a policy plan for the final two years. >> host: is it realistic this plan can get through congress? >> guest: no, i don't think anyone expects the entire budget will pass. i don't think that is that has ever happened. but some things might have opportunity for bipartisan compromise. the business tax code reform would generate revenue to build bridges and roads and generate jobs and that is similar to a proposal that dave camp, the chairman of the house released last week. so ideas in the budget could be ground for compromise. >> host: does he indicate where he is going to act alone? >> guest: there is not so much of that. the president has a robust executive action plan he is implementing and he is taking action and has many more this year. the whiteho
of low interest rates. then on the government side we have less drag from tax increases and spending cuts than we had last year. so i think this year will be noticeably stronger than it was in 2013. >> let's get a quick thought on housing. i agree with most of what you said there bquibble with the ida that incomes are going up very much. there is i'm told a bit of a squeeze on affordability. incomes have not gone up enough to keep up with rising mortgage rates and rising prices. is housing going to slow markedly this year because of that? >> well, certainly affordability has declined from where it was a couple of years ago where we had mortgage rates at 3.25% and prices were down tremendously. however, prices are still down by about 1/5 from where they were at their peak in 2006. we are seeing some job growth, some income growth, and we do see lenders a little bit more willing to lend. so i think although affordability is down somewhat, it's still pretty good on a historical basis. and i think that will be enough to bring people into the housing market. >> thanks a lot, gus. appreciate yo
introduced budget and how it could affect your taxes. >>> there are gray skies around the bay area this noontime, but no rain. that may change tomorrow. rosemary is tracking what's heading our way. and she'll be here with the bay area forecast. >>> and despite recent rain, it may be too little too late in alameda county. the proposed water restrictions now under consideration. covered california is howt californians can take advantage of the affordable care act. we can help you get quality health insurance right now. to sign up, call 800-787-9159 or go to coveredca.com. you can also use our website to find local, in-person help. one of the biggest questions we get here is, "does covered california offer financial assistance?" yes. covered california is the only place that gives you financial help with your coverage. millions of californians will qualify. find out if you do. all plans include free preventive care. now, you might have a question about what that means. it means free mammograms, immunizations, cancer screenings, and more. it's a big list, and it's all free. so don't wa
: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >> our mayor is a great guy, he's an excellent mayor. this is eric garcetti meeting some supporters. and there is you. [laughter] >> eric garcetti holding someone's baby, there is rob for the holding someone's baby. neil: not only is the toronto mayor popular there, but here as well. he's popular in toronto. his poll numbers are looking better. maybe because traumas economy is looking better. maybe thanks to the crazy mayor that cut taxes and rules and regulations. they are standing by loyal to achieve. a lesson for our president. it is time for no pain and no gain. got a message that is resonating with our big i? >> it's not resonating. it's one thing to give flowery speeches. at some point you must deliver. let's be honest. even people that are wholeheartedly behind obama -- [laughter] th
direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protecon. and because usaa'commitment to serve current and former military members andheir families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >> our mayor is a great guy, he's an excellent mayor. this is eric garcetti meeting some supporters. and there is you. [laughter] >> eric garcetti holding someone's baby, there is rob for the holding someone's baby. neil: not only is the toronto mayor popular there, but here as well. he's popular in toronto. his poll
-class including expansion of the air and income tax credit for workers without children and in addition to the immediate steps the president has set out of range of ideas to invest in education and quick workers for the skills they will need for years to come, measures that help us grow and help ensure that that growth is widely shared. so in conclusion, i would say that the challenges we face are substantial. we continue to have some of the short run challenges, but the bigger ones are the ones that have been building up over the last decade, the slower productivity growth in the postwar years and the increase in inequality. a lot is in place to have more stability and certainty. i think that by itself will be a major help to the economy, but they're is a lot more the weekend should do. i would describe some of that ambitious agenda in my remarks here today and would be happy to discuss more of it in answer to any questions you may have. [applause] >> ken simonson. one of the most unborn things that its share of economic advisers can do is educate an advocate for good, federal statisti
. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> tensions continue to escalate in ukraine as groups take over crimea. president obama spoke with vladimir putin today for 90 minutes urging putin to pull troops back in the peninsula. putin telling barack obama the troops are necessary due to threats on russians living in crimea. the parliament giving russia the authority to send groups in. >>> road crews clearing up a pileup near denver over a two-mile stretch of highway. road conditions deteriorated when a heavy band of snow moved in. one person was killed and 30 others injured. >>> in california residents watching rain-saturated foot hills. hundreds have been evaluated there. now back to huckabee. for your latest headlines, log online fox news.com. >>> this weekend hollywood's biggest names a
, totaling almost $4 trillion. it includes new tax hikes to offset additional spending for education and job-training. but republicans say it does nothing to address the nation's fiscal challenges. we'll discuss its approach to helping low income americans, later in the program. israeli prime minister benjamin netanyahu is warning the u.s. and the world against letting iran go ahead with any part of its nuclear program: he spoke in washington, a day after meeting with president obama. >> the leading powers of the world are talking about leaving iran with the capability to enrich uranium. i hope they don't do that because that would be a grave error. it would leave iran as a threshold nuclear power. >> woodruff: netanyahu also said that far from easing sanctions on iran, the world should increase them. he also urged the palestinians to recognize israel as a jewish state, if they really want peace. the process of removing syria's chemical weapons is picking up pace. the dutch diplomat overseeing the operation said today the assad regime has handed over six shipments of toxic agents. she spoke
the villages myself and collect the taxes. - hey, did you hear the news? - huh? the king is dead, and all the nobles as well. what's more, pa ubu has seized the throne. and it seems they're going to raise all the taxes and that pa ubu is gonna make the rounds to collect them. great god. what will become of us? look. sounds like someone is knocking at the door. open up, pshit, in the names of saint john, saint peter and saint nicholas. by my hussar and my caisson, i have come to collect the taxes. [music] which one of you is the oldest? - i am. - what's your name? stanislas leczinkski. well then, horn strumper, listen carefully or these gentlemen will extrude your neroe. hey, listen will you? but your excellency hasn't said anything yet. i've been standing here for an hour. do you think i came here just to amuse myself with the echo of my own voice? no thought could be further from my mind, sire. well, then, i have come to tell you, order you, and inform you that you are to produce and display your ready cash immediately, or you'll all be massacred. come on in. phynancial gentlemen. santa
it is the best poverty fighting idea the government has had in decades. the earned income tax credit. now president obama wants to expand it. in aore, let's bring senior economist for bloomberg government, which analyzes how policy decisions affect business. the earned income tax credit or raising the minimum wage, which works better? going to answer that question specifically. i'm going to tell you why people like the earned income tax credit. they like it because it encourages work. pullingsponsible for six and a half million people out of poverty in 2012, 3.3 million that were children. support ratetisan it has the effect the democrats like any incentives that republicans like. >> you are punting and not answering that. for the sake of argument, run through the things that people like about raising the minimum wage. we have seen that those receiving minimum wage at a higher level feel good about their lives and feel like they don't have to work two jobs anymore, and there are all these psychological benefits that have knock off effects which other economists describe as positive. >> th
with the clintons. we need fresh voices, focused on results. >> including someone open to raising can taxes. cutting taxes. what would ralph want to see? >> all opinions in the arena. let them compete. nothing off the table. i put 18 areas on people's minds that were taken off the table in 2008. and i still have them on the website. these are issues on people's minds. they were taken off the table -- >> you're dead right about that. both parties drop the ball on the big issue. let me ask you about what i hear from business guys on left and the right about why they don't try politics. they said it is not worth the media scrutiny or tearing down -- you experience that for yourself running for president. in the public spotlight. you are doing what you do. i can understand why the hell with it. >> most of them will. michael could buy the white house. it's smaller than his house. >> that's true. they don't have to dial for dollars. they don't to be ad hoc to commercial interest. they run for the conscience. and most of them are pretty narcissistic. and don't care. all you need is a few enlightened ones.
: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com t! [bell rings] this...is jane. her long day on set starts with shoulder pain... ...and a choice take 6 tylenol in a day which is 2 aleve for... ...all day relief. hmm. [bell ring] "roll sound!" "action!" then don't miss sleep train's wbest rest event.st ever? you'll find sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. get your best rest ever from sleep train. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> welcome back to this special
tax dollars will bail out the insurance industry, humana will get something like that $450 million. >> and tonight, next on "hannity." >> everybody in cleveland, all the minority got phone -- >> he gave you a phone? >> he gave us a phone. >> if you sign up, you got low income, you disability. >> all right, so this president and his handouts like obama [ tires screech ] [ car alarm chirps ] ♪ [ male announcer ] we don't juscertify our pre-owned vehics. we inspect, analyze, and recondition each one, until it's nothing short of a genuine certified pre-owned mercedes-benz for the next new owr. [ car alarm chirps ] hurry in to the mercedes-benz cerfied pre-owned sales event. visit today for exceptional offers. ♪ visit today for exceptional offers. iwe don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for
pushing for one of the steepest sales taxes in the bay area. >> please don't tell me they're going to raise it again. >> the tradeoff that supporters say would be worth the sacrifice. >> he says he spotted a burglar in his backyard. >> i wasn't thinking straight. >> how a risky confrontation came to a dramatic end. >> after the break, mourning a classmate killed by a train. the fateful decision that cost a young girl her life. >>> critics call uber the wild west. some cities are looking to crackdown on how many vehicles are providing services through ridesharing apps. seattle is working to cap the number of uber, and lift cars on the road at any given time. amber lee is in san francisco, where one city leader says regulation might be enough to improve public safety here. >> reporter: holding a public hearing here at city hall thursday. he wants to discuss ways to regulate this industry. >> on a cold, wet night like this. people are anxious to get home. a quick tap on an app, such as uber, or lift can get you a ride. >> it tells me that there's an increase, due to prime time, and i
on sale on amazon. they will need to pay taxes on the wealth, likely a million. but they don't want to change their lifestyle and will donate to charity and keep a few coins as keepsakes. >> good for them. that is a great story. don't you want to know the background of who actually put those coins in those canisters and hid them? i wonder why. it would be interesting if they go figure it out. >> it is big mystery >> i'm going to go home and dig up the backyard. >> you never know what you wofi will find. >> new action in the irs profiling scandal. who the lawmakers are hearing from now. plus, president obama with his on the economy taking his job push on the road. and we will talk to senator john thune about it all. thune about it all. that allows you to eat all that you can. filled with water. and the best dot com for booking hotels, is hotels.com. it's on the internet, but you probably knew that. or maybe not, i don't really know you. bellman: welcome back, captain obvious. captain obvious: yes i am. all those words are spelled correctly. jenna: well the president heading to minnea
look to need to move to florida? we like the fact there is no income tax, better weather, close to latin america. melissa: speaking my language. i singing my song, speaking my language. i would love that. we would move to florida in a heart beat. you're doing incredible things in your state that would make other states very envious. looking amazon moving to tampa, bringing more than 1,000 jobs with it. 300 million in capital. time warner moving to tampa, with 500 new jobs. 500 million in capital investment. what did you have to offer them to get that done? >> we're a great state. no income tax and we're a right-to-work state. gateway to latin america. we have five million multilingual speakers. brand new university doing science technology, engineering and math. we're talking to companies every day and they are clearly moving. people are moving here but companies are expanding. yesterday i was with a technology company that is adding over 100 jobs just in technology. but even the non-technology companies are moving here because of our technology. hertz, 700 jobs. average income,
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